Noble and Greenough School
Overview
Mission
Noble and greenough school is a rigorous academic community dedicated to inspiring leadership for the public good. Through mentoring relationships, we motivate students to achieve their highest potential and to lead lives characterized by service to others. The nobles community: generates critical, creative, socially conscious thinkers; upholds a commitment to diversity; develops character and intellect in deliberate conjunction; cultivates purposeful citizenship on local, national and global levels; builds independence and self-respect through challenge and achievement; espouses humility, humor, collaboration, honesty and respect for others as the foundations of a vibrant intellectual community.
What it reported doing in 2023
Achieve: a tuition-free educational program serving low-income middle school children from boston public schools, achieve provides academic and personal enrichment through a rigorous and engaging six-week summer program and ongoing academic year tutoring and support. Achieve seeks to increase students' academic skills, motivation, and self-confidence and put them on the path to college - 65 students, 28 members of faculty.
Operating model
- Revenue model
- Earned-program. 70% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The nonprofit carried out 85% of its reported program work directly.
- Includes noncash contributions: Reported contributions include donated property or goods.
Nonprofit profile at a glance
- EIN
- 042104784
- IRS 990 coverage
- 2009–2023
- Forms available
- Form 990 2023, Form 990-T 2023
- Headquarters
- Dedham, MA, USA
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Education
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and the filing reports few safeguards for setting executive pay.
Rating breakdown
- Financial Efficiency: 77
- Transparency & Controls: 93
- Accountability: 90
- Sustainability: 69
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 83.8%; rating input score 84
- Program expense ratio: 85.2%; rating input score 85
- Fundraising efficiency: $3.97 raised per $1 spent on fundraising; rating input score 16; 16th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.4%; rating input score 94; 37th percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 78th percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: 8%; rating input score 70; 70th percentile among comparable filings
- Operating reserve ratio: 6.41; rating input score 89; 89th percentile among comparable filings
- Liabilities to assets ratio: 0.16; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 5.6%; rating input score 12; 12th percentile among comparable filings
Growth
- Program expense growth: 5.1% per year; rating input score 100; 43rd percentile among comparable filings
- Revenue growth: 3.6% per year; rating input score 100; 30th percentile among comparable filings
- Asset growth: 4.9% per year; rating input score 100; 36th percentile among comparable filings
Details
- Where the money goes: 83.8% of revenue deployed · 85.2% of spending went to programs
- Governance: 22 of 22 board members independent · 6 of 8 filing controls reported
- Programs: 3 filed program accomplishments · $51.3M in reported program spending
- Leadership: top reported pay $889K · 36 people listed · 5 of 6 pay-setting controls reported
- Consistency: 36 of 37 current checks pass · 1 finding to review
- Schedules: 10 filed schedules · includes major donors, grants, and executive pay
- Filing history: 15 annual filings from 2009 to 2023
- Money network: 9 filed money-flow records